Lime hires its first chief business officer amid push into car-sharing

INSUBCONTINENT EXCLUSIVE:
Lime has hired David Richter (pictured) as its first-ever chief business officer and interim chief financial officer.Based in San Francisco,
grow, David will bring in unparalleled expertise, particularly in the realm of business development and corporate partnerships, as well as
a valuation north of $3 billion
The company, which entered the unicorn club in June, has raised a total of $467 million to date from GV, Andreessen Horowitz, IVP, Section
32, GGV Capital and more.The company is using the buckets of capital to expand beyond bikes and scooters
Last Monday, rumors emerged that it was planning a brick-and-mortar push
Santa Monica, Calif.The next day on stage at the JD Power Automotive Roundtable, Lime announced its official foray into car-sharing